CXApp Inc. (CXAI) AI Stock Analysis

NASDAQ: CXAIAI research summary: business, growth, valuation, analysts, bull and bear case.

CXAI AI stock analysis summary

AI Research

CXApp Inc. provides a software-as-a-service workplace experience platform for enterprise clients. The company generated $4.8M in trailing twelve-month revenue, but registered a three-year revenue CAGR of -18.5% through FY2025 alongside an operating margin of -243.2%. As of June 30, 2026, CXAI maintained $11.7M in cash and short-term investments against $10.5M in total debt.

Market cap
$4.5M
Revenue (TTM)
$4.8M
P/E
—
1Y return
-95.0%
S&P 500 16.8%
Avg. target
$15.00
681.2% vs last close

Bull case

  • CXApp delivered quarterly year-over-year revenue growth of 38.5% in the latest quarter ending June 30, 2026.
  • The single analyst covering the stock has a mean price target of $15.00, representing an implied upside of 681.2% from the last close of $1.92.
  • Analyst forecasts anticipate next fiscal year revenue to reach $15.0M, reflecting an estimated growth rate of 87.5%.

Bear case

  • Revenue registered a 3-year CAGR of -18.5% from FY2022 to FY2025, falling to $4.6M.
  • The company burned cash in FY2025 with free cash flow of -$10.4M and net income of -$13.5M.
  • CXAI shares dropped 95.0% over the past year and closed at $1.92 on October 16, 2026, sitting 77.4% below the 200-day average.

What CXApp does

CXApp Inc. is a Palo Alto, California-based company that provides a workplace experience platform for enterprise clients. Its core software-as-a-service platform integrates native mapping, analytics, on-device positioning, and application technologies. The platform supports workplace experience enhancement, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications, notifications, event management, live indoor mapping, wayfinding, and navigation. Originally founded as KINS Technology Group Inc. and rebranded as CXApp Inc. in March 2023, the company develops scalable workplace solutions designed to optimize operational efficiencies and streamline logistics.

Growth and profitability

CXApp's revenue declined from $8.5M in FY2022 to $7.4M in FY2023, $7.1M in FY2024, and $4.6M in FY2025, reflecting a 3-year revenue CAGR of -18.5%. Annual net income remained negative over this timeframe, registering -$29.2M in FY2022, -$53.6M in FY2023, -$19.4M in FY2024, and -$13.5M in FY2025. Gross margin contracted to 27.8% in FY2025 from 82.0% in FY2024, while FY2025 operating margin was -336.7%. For the trailing twelve months ended June 30, 2026, revenue stood at $4.8M with an operating margin of -243.2% and EPS of -$26.50, though quarterly revenue grew 38.5% year-over-year in the latest quarter.

CXAI income statement →

Balance sheet and cash flow

As of June 30, 2026, CXApp held $11.7M in cash and short-term investments and $10.5M in total debt, resulting in net cash of $1.2M. Total assets stood at $36.5M and shareholders' equity was $18.1M, with a current ratio of 1.64 and a debt-to-equity ratio of 0.58. In FY2025, operating cash flow was -$10.4M and free cash flow was -$10.4M, with capital expenditures of $23,000. Over a 5-year period, the company's share count increased by 21.3%.

CXAI balance sheet →

Valuation and performance

CXApp trades at a price-to-sales multiple of 0.9x and an enterprise value to revenue multiple of 1.0x, below the median of its US-listed Technology peers, which trade at a price-to-sales multiple of 2.8x. The company's price-to-book ratio is 0.3x, with a market capitalization of $4.5M. Over the past year, CXAI shares fell 95.0%, trailing the S&P 500 return of 16.8%. Over a 5-year span, the stock fell 99.6%, while the S&P 500 gained 83.0%. The stock closed at $1.92 on October 16, 2026, which is 77.4% below its 200-day average.

CXAI key metrics →

What analysts expect

Wall Street coverage includes 1 Buy rating and 0 ratings across Strong Buy, Hold, Sell, or Strong Sell. The mean price target is $15.00, representing a 681.2% premium over the last close of $1.92. For the fiscal year ending December 31, 2026, analysts estimate revenue of $8.0M and an EPS of -$11.19. For the next fiscal year, 1 analyst projects revenue of $15.0M and EPS of -$3.31. Over the last four quarters, CXApp beat EPS estimates 2 times. The next earnings date is November 11, 2026.

CXAI forecast and price target →

Key risks and what to watch

  • Ongoing operating losses persist, highlighted by a trailing twelve-month operating margin of -243.2%.
  • CXApp holds $10.5M in total debt against $11.7M in cash, leaving a narrow net cash cushion of $1.2M.
  • Gross margin experienced significant compression, dropping from 82.0% in FY2024 to 27.8% in FY2025.
  • Shareholder dilution has occurred, as evidenced by a 21.3% increase in share count over 5 years.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this CXAI AI stock analysis

This page is an AI-written research summary of CXApp Inc. (CXAI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CXAI income statement, CXAI balance sheet, CXAI key metrics, CXAI analyst forecast, CXAI chart. See the CXAI stock overview for the latest quote and news.

CXAI AI stock analysis FAQ

What does CXApp Inc. do?

CXApp Inc. provides an enterprise software-as-a-service platform that powers workplace experiences, live indoor mapping, occupancy management, desk reservations, and employee engagement.

Does CXApp pay a dividend?

No, CXApp does not pay a dividend.

What are analysts forecasting for CXApp's revenue?

Analysts project revenue of $8.0M for the fiscal year ending December 31, 2026, and $15.0M for the following fiscal year.

How much cash and debt does CXApp have?

As of June 30, 2026, CXApp held $11.7M in cash and short-term investments alongside $10.5M in total debt, giving it net cash of $1.2M.

When does CXApp report its next earnings?

CXApp is scheduled to report its next earnings on November 11, 2026.

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